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Moody's upgrades credit rating of mint's key subsidiary, nh hotel group

Minor International Pcl. (“MINT”), one of the world’s largest hospitality and leisure companies, is pleased to announce that its key subsidiary, NH Hotel Group S.A (“NH”), has received an upgrade of corporate family rating, default rating and its senior secured notes instrument rating from Moody's Investors Service (“Moody’s”). These upgrades reflect the better-than-expected improvement in NH’s key credit metrics, as well as its improving financial performance and credit profile. ....

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